The word is covfefe! Which sums up birdie perfectly.

Please for the sake of this country, for our children and grandchildren who we have selfishly saddled with debt, privatize everything possible. Even if the FNM by a miracle turns around these loss making corps, the next govt can come in and undo all the good that was done, in a heartbeat. They only way to prevent this is to privatize, that means bahamasair, bob, bpl, zns etc. Even if we have to take a loss on the sale, it is better than never ending deficits caused by these corps. We need radical surgery to remove these cancers forever.

Of course bahamasair should be shut down. There is no need for such a loss making entity when the private sector is fully capable of doing the job so much better, without political interference. We need government to privatize as many subsidized public corps as possible and only be involved in those that provide essential services. Otherwise we will never balance our budget and begin the long road out of never ending fiscal deficits.

How about a pledge to privatize ZNS and free the Bahamian people from this tax straining, biased, yoke around our neck. Taxpayers are sick and tired of paying for needless free riders. At the least half of ZNS's budget should be cut... like tomorrow. Why will my child and their children be paying for this useless crap?

Dear Birdie, papa did his part but Christie was worse!

Dear birdie, nice to see you have suddenly regained your voice to advocate for transparency and accountability. Strange that you were curiously hoarse the last five years.

Amen Tal, I have never agreed with you more. Since our tax dollars are bailing out this failed institution we have a right to know who these deadbeats are. This is a massive test for the new govt on accountability and transparency. Publish the names and while at it, clawback all the bonuses that were paid to managers and board members who ran this bank in the ground.

Please close this slush fund and prosecute.

No lie really, returning to profitability most likely will be achieved by selling the portfolio to another bank, who will close branches and drastically reduce staff. The govt will have to cover the shortfall to make depositors whole or partially rely on the depositors insurance at the central bank for accounts less than 50k. Those with larger deposits might be asked to take a haircut. So it can be done, but it calls for radical measures, with the govt running the show, status quo, ain't gonna happen.

Tal you will be pushing up daisies, fertilizing silk cotton trees before this bank returns to profitability under govt ownership. DPM made this statement because this bank is insolvent and they want to prevent a "run" on the bank and by extrapolation all banks. But as for profitability forget it, half the loan portfolio is impaired, and not generating income, the expenses are huge, with a bloated staff. No hope here, sell it, cut our losses and remove this risk from the govts balance sheet forever.